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Air T (AIRT) Pre-Tax Income : $-11.7 Mil (TTM As of Dec. 2023)


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What is Air T Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Air T's pretax income for the three months ended in Dec. 2023 was $-2.0 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $-11.7 Mil. Air T's pretax margin was -3.07%.

During the past 13 years, Air T's highest Pretax Margin was 7.57%. The lowest was -6.73%. And the median was 2.00%.


Air T Pre-Tax Income Historical Data

The historical data trend for Air T's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Air T Pre-Tax Income Chart

Air T Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.97 2.62 -11.78 13.40 -11.35

Air T Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.05 -8.79 0.18 -1.12 -1.96

Competitive Comparison of Air T's Pre-Tax Income

For the Integrated Freight & Logistics subindustry, Air T's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Air T's Pre-Tax Income Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Air T's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Air T's Pre-Tax Income falls into.



Air T Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Air T's Pretax Income for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=3.441+-6.859+-7.932+0.328+-0.331
=-11.4

Air T's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-1.287+0.859+-1.528+0+0
=-2.0

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Air T  (NAS:AIRT) Pre-Tax Income Explanation

Air T's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=-1.956/63.756
=-3.07%

During the past 13 years, Air T's highest Pretax Margin was 7.57%. The lowest was -6.73%. And the median was 2.00%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Air T Pre-Tax Income Related Terms

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Air T (AIRT) Business Description

Traded in Other Exchanges
Address
11020 David Taylor Drive, Suite 305, Charlotte, NC, USA, 28262
Air T Inc together with its subsidiaries provides air freight service to the express delivery industry. The company's operating segments include Overnight air cargo, Ground equipment sales, and Ground support services, Commercial jet engines and parts, Corporate and Other. It generates maximum revenue from the Overnight air cargo segment.
Executives
Raymond E Cabillot director, 10 percent owner 3033 EXCELSIOR BLVD., STE 560, MINNEAPOLIS MN 55416
Peter B. Mcclung director 14101 SOUTHERN ROAD, GRANDVIEW MO 64030
Nicholas John Swenson 10 percent owner 5000 WEST 36TH STREET, SUITE 130, MINNEAPOLIS MN 55416
Gary S Kohler director 5000 W 36TH STREET, SUITE 115, MINNEAPOLIS MN 55416
Seth G Barkett director 495 WEST MT. GARFIELD ROAD, NORTON SHORES MI 49441
Brett Reynolds officer: CFO 5000 W 36TH STREET, MINNEAPOLIS MN 55416
John A Reeves director 570 BALLYMOTE COURT, MATTHEWS NC 28104
Travis Jacob Swenson director 6016 EDEN PRAIRIE ROAD, MINNETONKA MN 55345
Air T Inc 10 percent owner 11020 DAVID TAYLOR DRIVE, SUITE 305, CHARLOTTE NC 28262
Koutsouvas Constantine officer: General Counsel AIR T, INC., 5000 WEST 36TH, SUITE 130, MINNEAPOLIS MN 55416
William R Foudray director 19192 POPLAR CIRCLE, EDEN PRAIRIE MN 55347
Biglari Capital Corp. 10 percent owner 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Sardar Biglari, 10 percent owner C/O BIGLARI HOLDINGS INC., 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Lion Fund Ii, L.p. 10 percent owner 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Andrew Stumpf director 5444 CREEKMONTE DR., OAKLAND TWP MI 48306